Average Buyers and Purchasing Agents Salary in South Arkansas nonmetropolitan area
In the South Arkansas nonmetropolitan area, Buyers and Purchasing Agents earn an average annual salary of $64,940. This figure falls below the national average of $80,070, reflecting regional economic factors and industry demand specific to this locale. The compensation is directly influenced by the economic landscape and the concentration of industries requiring these procurement professionals.
Executive Summary
- Average Salary: $64,940 per year.
- Growth Trend: Salaries have shifted 8.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $99,430.
- Outlook: The local market for Buyers and Purchasing Agents in South Arkansas comprises approximately 300 professionals. With a Location Quotient of 0.79, the concentration of these roles is slightly below the national average, suggesting a stable but not exceptionally high demand. The presence of 2.491 jobs per 1,000 workers indicates a consistent need for these positions within the regional economy.
Salary Overview
The average Buyers and Purchasing Agents in South Arkansas nonmetropolitan area earns-18.9%below the national average.
$31.2
$1,249
$5,412
Buyers and Purchasing Agents Salary Trends (2020-2024)
While specific historical data for this nonmetropolitan area is not provided, it is generally assumed that salaries for Buyers and Purchasing Agents across the nation have seen steady growth over the past four years. This trend is typically driven by inflation, increasing complexity in supply chains, and the growing importance of strategic sourcing, which likely extends to the South Arkansas region as well.
Buyers and Purchasing Agents Salary Distribution in South Arkansas nonmetropolitan area
Salary progression for Buyers and Purchasing Agents typically scales significantly with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with extensive negotiation and supply chain management expertise can command salaries well above the average. The percentile gaps in earnings clearly signify opportunities for career advancement and increased earning potential within this field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $37,580 | $18.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $48,705 | $23.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $60,390 | $29 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $81,175 | $39 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $99,430 | $47.8 |
Detailed Buyers and Purchasing Agents Market Analysis
Relocation Context
Nominal Salary
$64,940
Gross Pay
Real Wage (Purchasing Power)
$64,940
Adjusted for COL (100)
The average annual salary of $64,940 in South Arkansas aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of the salary in this region is equivalent to the national average, making the nominal income translate directly to standard living expenses without significant advantage or disadvantage.
Job Market Context
300
Total Jobs
2.491
Per 1K Jobs
0.79
Location Quotient
South Arkansas nonmetropolitan area has 0.79x the national average concentration of Buyers and Purchasing Agents jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
A Location Quotient of 0.79 indicates that Buyers and Purchasing Agents are slightly less concentrated in the South Arkansas nonmetropolitan area compared to the national average. This suggests that while the profession is present and necessary, the market may not be saturated, potentially offering a moderate level of competition for skilled individuals seeking employment in this sector.
Nearby Job Markets
Nearby Cities for Buyers and Purchasing Agents
| City | Salary | Dist. |
|---|---|---|
| Little Rock-North Little Rock-Conway, AR Buyers and Purchasing Agents Salary | $63,710↓ 2% | 17 mi |
| Hot Springs, AR Buyers and Purchasing Agents Salary | $59,090↓ 9% | 51 mi |
Comparing salaries near South Arkansas nonmetropolitan area
Hiring Buyers and Purchasing Agentss?
Frequently Asked Questions
How much does a Buyers and Purchasing Agents make in South Arkansas nonmetropolitan area?
The median annual salary for a Buyers and Purchasing Agents in South Arkansas nonmetropolitan area is $64,940. This typically ranges from $37,580 for entry-level positions to $99,430 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in South Arkansas nonmetropolitan area is 18.9% lower than the national median of $80,070.
Is South Arkansas nonmetropolitan area a lucrative place for Buyers and Purchasing Agentss?
No, it is not exceptionally lucrative compared to national averages.The average salary of $64,940 is notably lower than the national average of $80,070, although the cost of living is on par. The slightly below-average location quotient also suggests a less concentrated demand.
Is South Arkansas nonmetropolitan area a good place to live for Buyers and Purchasing Agents?
The Cost of Living Index in South Arkansas nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near South Arkansas nonmetropolitan area?
Some top paying nearby cities include Little Rock-North Little Rock-Conway, AR ($63,710) and Hot Springs, AR.
How does the local workforce size affect job prospects?
A local workforce of 300 indicates a moderately sized professional community. While not a massive hub, it suggests a stable presence of these roles within the regional industries.
What does a Location Quotient of 0.79 mean for job seekers?
A Location Quotient below 1.0, like 0.79, implies that the concentration of Buyers and Purchasing Agents in this area is less than the national average. This could mean fewer job openings but potentially less competition.
How does the Cost of Living Index impact the salary?
With a Cost of Living Index of 100, the $64,940 salary has the same purchasing power as the national average. This means your earnings will cover typical expenses without the added benefit or burden of a significantly higher or lower cost of living.
Are there many job opportunities for Buyers and Purchasing Agents in South Arkansas?
The figure of 2.491 jobs per 1,000 workers suggests a consistent, albeit not booming, demand for these professionals within the South Arkansas nonmetropolitan area's economy.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 300 employees in the South Arkansas nonmetropolitan area area with a job density of 2.491 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Buyers and Purchasing Agents • Data source: BLS OEWS 2024 •Jobs in South Arkansas nonmetropolitan area